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Open
24 Jan 2006
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Close
28 Jan 2006
3
Allotment
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Listing
Thu, Feb 16, 2006
Price Band
₹23 to ₹27
Issue Size
13,80,00,000 shares (agg. up to ₹373 Cr)
Listing Date
Thu, Feb 16, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 48.41x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 1,051.79 | 975.21 | 749.93 | 454.18 |
| Total Income | 125.65 | 205.50 | 142.09 | 91.23 |
| Profit After Tax | 25.87 | 16.01 | 0.78 | 15.77 |
| NET Worth | 428.38 | 402.70 | 258.02 | 211.34 |
| Reserves and Surplus | 74.14 | 47.38 | 12.86 | 1.18 |
| Total Borrowing | 513.23 | 443.60 | 429.88 | 194.00 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To finance the expansion of our existing gas transmission network by approximately 742 Kms into new identified areas in the State of Gujarat | 351.60 |
| Total | 351.60 |
About Gujarat State Petronet IPO
Gujarat State Petronet Ltd. operates the second-largest natural gas transmission network in India and is the first pure natural gas transmission company in the country. Its operations are mainly focused in Gujarat, where it connects major gas supply sources with key industrial users. It began operations in November 2000 and currently runs a pipeline network of about 433 km from Hazira to Kalol, with plans to expand by an additional 742 km. It transports over 13 mmscmd of natural gas, contributing significantly to Gujarat’s total gas consumption through pipelines. Promoted by GSPC and supported by government bodies and financial institutions, the company benefits from Gujarat’s strategic position as a major entry point for domestic gas and imported LNG. Its network is connected to key supply sources such as Hazira and Dahej LNG terminals and major gas fields. The company primarily serves industries like power, fertilizer, chemical, and steel, and also supports city gas distribution in Ahmedabad and Baroda. Overall, it plays a vital role as a neutral and efficient transporter of natural gas, linking suppliers with consumers across Gujarat. Competitive Strengths: First and only pure n
Contact Details
Gujarat State Petronet Ltd. AddressGSPC BhavanSector 11Gandhinagar, Gujarat, 382011+91 79 5570 1604sandeep@gujaratpetro.comVisit Website